Mitsubishi Lancer Evolution V RS 1998

£39,500
01/02/26
CAR OVERVIEW
Mitsubishi Lancer Evolution V RS 1998
Overview
This Mitsubishi Lancer Evolution V RS is a motorsport focused homologation special from the height of Mitsubishi’s World Rally Championship dominance. Finished in White with a Black interior, the RS specification strips the Evo back to its purest form, prioritising mechanical grip, durability, and driver feedback above all else. This example presents as an authentic RS with the correct lightweight specification and period correct configuration that has made these cars increasingly sought after by collectors worldwide.
Chassis number
- CP9A-002131
Auction grade
- Overall grade 4
- Exterior grade B
- Interior grade C
Mileage
- 59,830 km
- 37,170 miles
Engine and drivetrain
- 2.0 litre turbocharged inline four petrol engine
- Five speed manual transmission
- Permanent all wheel drive with active differentials
- RS lightweight specification
Key features and equipment
- RS competition grade model
- Lightweight factory specification
- Manual transmission
- All wheel drive rally derived drivetrain
- Minimal sound insulation and reduced trim
- Original RS interior configuration
- Finished in factory White with Black interior
Why the Evo V RS is legendary
The Evolution V RS represents the purest expression of Mitsubishi’s rally engineering at the peak of the WRC arms race. Built as a homologation base for competition use, the RS deleted comfort features in favour of reduced weight, mechanical simplicity, and absolute focus. This was the platform that carried Mitsubishi to global rally success, combining aggressive chassis geometry, wide track suspension, and turbocharged urgency into a car that still defines the golden era of Japanese performance. Unlike later generations, the Evo V RS remains raw, unfiltered, and unapologetically focused, which is exactly why it has become one of the most desirable Evolutions for serious collectors.
Condition overview
The exterior presents well in line with the B grade, retaining strong panel alignment and an honest appearance consistent with careful long term ownership. The interior carries a C grade, reflecting age related wear appropriate for a focused RS model that was never intended to be a luxury vehicle. The inspection notes reference light interior wear and cosmetic marks consistent with mileage and use rather than neglect.
Maintenance and provenance
- 1998 model year
- RS factory specification
- Mileage recorded at 59,830 km
- Auction documentation present
Summary
This Mitsubishi Lancer Evolution V RS offers a rare opportunity to acquire one of the most important homologation performance cars of the late 1990s. With its correct RS specification, strong overall grade, and unmodified character, it stands as a highly collectible example from an era when rally technology directly shaped road cars. As values continue to rise for genuine RS models, examples like this are increasingly difficult to source in authentic condition.
AUCTION CAUTION NOTES
CAR OVERVIEW

A1- Small scratch
A2- Scratch
A3- Large scratch
E1- Few dimples
E2- Many dimples
E3- Heavy dimples
U1- Small dent
U2- Dent
U3- Large dent
W1- Repair mark / wave
W2- Wavy panel
S1- Rust
S2- Heavy rust
C1- Corrosion
P- Paint marked / faded
H- Faded / need polish
X- Element requires replacement
XX- Replaced after accident
*- Light scratch / polish
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